As reported yesterday, Yuga Labs published the new 2022 license for owners of CryptoPunks, the now legendary NFT collection whose intellectual property Yuga Labs acquired from Larva Labs earlier this year. We reviewed the terms of the CryptoPunks 2022 license in a prior post, click here. Given the CryptoPunks position as perhaps the most prestigious…Read More
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The CryptoPunks owners got a new EXCLUSIVE license with full commercial rights, including the ability to trademark. But no hate speech, class actions allowed. Is the new license valid? Probably.
The big news this week is that owners of the CryptoPunks finally received a new license granting them full commercial IP rights with no limit (the last limit was $100,000 annually of commercialization of CryptoPunks). As you may recall, the CryptoPunks NFTs were first issued in 2017 without any content license. TIMELINE of CryptoPunks licenses…Read More
Can Seth Green still use his Bored Ape character in his upcoming series White Horse Tavern even after someone stole his Bored Ape NFT? Probably.
As I grade law school exams, I came across a complicated scenario IRL that would make for an excellent law school exam. The actor Seth Green revealed a trailer for his upcoming series White Horse Tavern, which uses one of the Bored Ape characters (#8398) from the NFTs he owns. According to Buzzfeed (see below),…Read More
Bored Ape Yacht Club (BAYC) will transfer all IP to Bored Ape owners. Say what?!
Not a day goes by in the NFT world without something mind-blowing. I’ve been blown away so much by a message from Yuga Labs, the creator of the Bored Ape Yacht Club, from January 3 that I’ve taken this long to write about it. As many of my readers know, back in November 2021, I…Read More
Prada, Adidas team up for “first of its kind” NFT project featuring user-generated + creator-owned art, in collab with artist Zach Lieberman
Prada and Adidas announced an exciting new NFT project. The “holders of adidas Originals Into the Metaverse NFTs” are invited to put their name on a waitlist. From the waitlist, Prada/Adidas will select 3,000 people to submit photos or digital art to a collaboration art project with artist Zach Lieberman. Using the more environmentally friendly…Read More
World of Women NFTs go on bull run, 373% increase in sales, buyers get full IP rights
Back in October 2021, we reported how Reese Witherspoon purchased an NFT from the World of Women collection created by Yam Karkai. Since then, the average sales price has hovered around 2 ETH. But starting in 2022, the World of Women NFTs have been on a tear. This week, the average price hit above 9…Read More
Bored Apes, Mutant Apes continue bull run into 2022, as Eminem, Meek Mill, others ape in
2022 started out with a bang. And it was all apes. Yuga Labs, the creator of the Bored Ape Yacht Club, plus Mutant Ape Yacht Club and Bored Ape Kennel Club, has hit a rare NFT trifecta. Amazingly, the 3 hottest NFT collections in terms of sales volume in the past 24 hours were all…Read More
CryptoPunks v. Bored Apes: who cares if Bored Apes flip CryptoPunks?
Flippening: There’s been a lot of chatter on social media about the possibility that Bored Ape Yacht Club (BAYC) will flip the CryptoPunks–meaning having a higher floor (sales price for the lowest priced recent sale) than the CryptoPunks. Indeed, that would be a shocking turn of events, given that the CryptoPunks are the most valuable…Read More
Dennis Rodman buys 2 Cryptomories NFTs–so did I. Here’s why.
Over the weekend, NBA Hall of Famer Dennis Rodman purchased 2 NFTs from the Cryptomories collection on OpenSea. They were his very first NFT purchases. Congrats, Dennis Rodman! Cryptomories were designed by the interdimensional artist iwwon. Cryptomories are meant to be reminders that life is short: ” ‘memento mori’ means ‘remember you die’ in latin.…Read More
RTFKT CLONE X + Murakami NFTs sell for $100,000 – $600,000, but license limits use to noncommercial uses
After the big reveal of the RTFKT CLONE X + Murakami NFTs, they started hitting the secondary market. The top sales went for impressive prices between $100,000 to $600,000, as compiled by NFT-Stats. The higher priced NFTs apparently contained avatars with so-called “Murakami traits” added by the famed artist Murakami. But, unfortunately, those Murakami-trait NFTs…Read More